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Company behind London Paramount resort in Swanscombe ‘ready to push forward’

12:15 11 February 2017

Paramount Park

Paramount Park

Archant

A planning application for the ambitious project on the Swanscombe peninsula is expected to be submitted this year

A multi-billion pound theme park is edging closer to existence with new senior appointments.

The company behind the long-awaited London Paramount Entertainment Resort have announced Kevin Doyle, who has been working with the project from the start, has been placed in charge of securing a Development Consent Order.

Once submitted, a successful order application will bring the park’s development one step closer.

London Resort Company Holdings (LRCH) and its parent Kuwaiti European Holding Group, have announced KEH’s CEO, Humphrey Percy, will now take on the role of CEO at LRCH.

Elsewhere, Mike Morrison has been hired as chief finance officer.

On former CEO David Testa’s departure, Mr Percy said: “David Testa decided to step back from the KEG Group and cease his roles within all Group Companies, including LRCH.

“David’s input into the project has been hugely appreciated and we wish him well in the next stage of his career. We are now entering a new exciting phase of the project as we carry out our final stage of consultation prior to submitting our Development Consent Order (DCO).

“This announcement reaffirms our determination to submit our application for the Entertainment Resort.

“After many months of review, revision and reappraisal we have a robust business plan for building a world-class entertainment resort in the UK and are ready to push forward.

“We are working closely with the local authorities, landowners and local community, as well as our other stakeholders, to deliver a global destination attraction.

“I am delighted to be directly overseeing the plans for the proposed Entertainment Resort in north Kent and welcome Mike and Kevin in their new roles as CFO and DCO coordinator, respectively.

“Having held senior positions at Morgan Stanley and WestLB AG, amongst others, Mike has a wealth of experience in property, business management and accounting that will be incredibly beneficial to LRCH. Kevin has worked on the project from the start, knows the team and the local area extremely well and played a key role in the delivery of some of the largest entertainment projects across the globe.

“I am confident that now, we have the team, the partners and the plans in place to deliver a truly global destination attraction.”

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